Foul-mouthed celebrity chef Gordon Ramsay is thought to be buying Fowey's former bank - but local people can't seem to agree on what he will use it for.

The world famous 50-year-old chef has, according to rumours, bought the old Lloyds Bank in Fore Street, Fowey, to transform it into a new restaurant. However new reports suggest it might be turned into Ramsay's latest holiday home in Cornwall.

Fowey estate agent May Whetter & Grose had reportedly sold the bank but refused to comment, citing data protection rules.

The Lloyds Bank branch shut its doors in September 2015 after being selected for closure as part of a wider cost-cutting programme.

The building, which is 2,710 sq ft in total with a banking hall, offices, storage, strong room and look over the water, had a guide price of £600,000.

Gordon Ramsay has been rumoured to be buying Fowey's former Lloyds bank

On Twitter, local residents have been dying to know whether Ramsay was buying the remarkable property.

Yet, an internet user suggested that the bank will be used as a holiday home for friends and not as a new restaurant.

This theory has been backed by Fowey River Hire, which posted a picture of the chef on holiday last week.

"He has bought a house not a restaurant," the tweet reads. "Fell in love with Fowey a few years ago and doesn't want to mix business with pleasure."

Ramsay already owns two houses in Cornwall. One of them is a five-bedroom holiday cottage in the wealthy north coast enclave of Rock, purchased in 2015 for £4.4 million.

At the time it was the second most expensive sale ever recorded in Cornwall.

In March this year, however, Ramsay and his wife Tana bought a beach house two miles from there, in the quiet village of Trebetherick. This was said to be bought to use while the first was being replaced with a new home.